The European Commission has today declared the Kingdom of Denmark's and the
Kingdom of Sweden's participation in SAS' restructuring process compatible with
applicable EU State aid rules. The approval marks another important step forward
for SAS in its transformation plan and in the on-going restructuring
proceedings.

The effectiveness of SAS' chapter 11 plan of reorganization remains subject to
various conditions precedent, including approvals from various regulatory
authorities and a successful completion of SAS AB's company reorganization
proceeding in Sweden.

Information regarding SAS' U.S. chapter 11 cases and SAS AB's company
reorganization in Sweden

Additional information regarding SAS' voluntary chapter 11 cases in the U.S. and
SAS AB's company reorganization in Sweden is available on SAS' dedicated
restructuring website, https://sasgroup.net/transformation. U.S. court filings
and other documents related to the chapter 11 cases in the U.S. are available on
a separate website administered by SAS' claims agent, Kroll Restructuring
Administration LLC, at https://cases.ra.kroll.com/SAS. Information is also
available by calling (844) 242-7491 (U.S./Canada) or +1 (347) 338-6450
(International), as well as by email at SASInfo@ra.kroll.com. Swedish court
filings related to SAS AB's company reorganization in Sweden can be requested
from the Stockholm District Court, and certain documentation is also provided by
the administrator on a separate website administered by Ackordscentralen (AC
-Gruppen AB), https://ackordscentralen.se/en/reorganisations/sas-ab/.

Advisors

Weil, Gotshal & Manges LLP is serving as global legal counsel and Mannheimer
Swartling Advokatbyrå AB is serving as Swedish legal counsel to SAS. Seabury
Securities LLC and Skandinaviska Enskilda Banken AB are serving as investment
bankers, and Seabury Securities LLC is also serving as restructuring advisor to
SAS.

For further information, please contact:
SAS press office, +46 8 797 29 44
Investor relations, +46 709 977 070

SAS, Scandinavia's leading airline, with main hubs in Copenhagen, Oslo and
Stockholm, flies to destinations in Europe, USA and Asia. Spurred by a
Scandinavian heritage and sustainability values, SAS aims to be the driving
force in sustainable aviation and in the transition toward net zero emissions.
We are continuously reducing our carbon emissions through using more sustainable
aviation fuel, investing in new fuel-efficient aircraft and technology
innovation together with partners - thereby contributing towards the industry
target of net zero CO2 emissions by 2050. In addition to flight operations, SAS
offers ground handling services, technical maintenance and air cargo services.
Learn more at https://www.sasgroup.net